2 All-or-Nothing Longshot Stocks for Thanksgiving

We are just two days away from Thanksgiving. The cooking has started around here. The turkey went into the brine last night, and the prep work for the stuffing is underway. There will only be one issue of Hidden Profits report this week, because I expect you will have better things to do than read about stocks […] November 22, 2023 [Option Sensei] [2 All-or-Nothing Longshot Stocks for Thanksgiving]( We are just two days away from Thanksgiving. The cooking has started around here. The turkey went into the brine last night, and the prep work for the stuffing is underway. There will only be one issue of Hidden Profits report this week, because I expect you will have better things to do than read about stocks and markets as on Thursday. As such, and because I opened the long-shot window on Thursday, let’s stay with that theme today and look at two stocks that have the potential for massive returns over the next several years. Let’s not kid ourselves that, like all speculative activities, long-shot investing is betting. The chance of a huge gain, there is also a chance of loss. The trick is to look for companies that have the potential to return several multiples of your original bet. When I pick long-shots, I am making a multiyear bet that the company can survive, recover, and see the prices of its stock climb by 400%, 500%, or more. I understand I can lose my bet. That’s why I only use a small percentage of my cash for making long-shot bets. I think about the money the same way I used to regard my poker and horse racing bankroll when I was much younger: I only bet when I think the odds are in my favor, and the payoff is far more than I can lose. If I do something stupid or have a statistically improbable disastrous run and lose my stake, I am done until I rebuild my bankroll from cash flow. I never divert money from savings or long-term investment accounts to long-shots to make up losses. I only use a small percentage of the bankroll for each bet, and I employ a Kelly calculator to determine how much to put in each stock. The formula is based on the work of John Kelly, a mathmagician employed by Bell Labs back in its heyday, who asked the question: “How much of my… Continue reading at [INVESTORSALLEY.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This is a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Wealthpop users. Wealthpop is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Wealthpop, and Wealthpop disclaims any liability for or arising from such statements and opinions. You are hereby advised that Wealthpop is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Wealthpop. All rights reserved. Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019